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Federal ReserveFortune
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74% Informative
Research firm Capital Economics plans to raise its interest-rate forecast in such a scenario.
16 Nobel Prizewinning economists signed a letter expressing their concern that Trump ’s proposals could reignite inflation.
68% of economists surveyed by the Wall Street Journal said inflation would likely be higher under a Trump presidency.
12% said the same for a Kamala Harris presidency.
The latest daily reading for the average 30-year fixed rate came in at 7.09% .
The higher mortgage rates become, or the longer mortgage rates are higher, the more locked the housing market will be.
Any recovery we see in the housing world in the next year or two , “would be marginally more shallow in a Trump presidency,” Ryan explained.
VR Score
79
Informative language
77
Neutral language
63
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English
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42
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3
Source diversity
3
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